Small business unhappy with new government proposals to tackle late payments. In June, after almost nine months of consultation and consideration, the Government announced a range of proposals to tackle the United Kingdoms late payment culture. The late payment culture

Costain reinstated to Prompt Payment Code Last month we reported that 18 companies had been suspended from the Prompt Payment Code. This followed the announcement in April that 17 companies had been either removed or suspended from the code. The

Small businesses need more targeted help preparing for Brexit. 02/08/2019. There has been a call for small businesses to receive targeted help on Brexit. International trade secretary Liz Truss and business secretary Andrea Leadsom have met with MPs and businesspeople

More UK firms in ‘significant distress’ 31st July 2019. The number of UK businesses facing ‘significant distress’ has increased, according to a new poll, with 14% of all UK businesses, or 484,000, indicating they were experiencing significant distress at the

Hammond urges ‘radical’ change on late payments. 26th July 2019. Philip Hammond, in one of his last interventions as Chancellor of the Exchequer, advocated for “radical cultural change” to stamp out the toxic business practice of late payments, as SMEs